No, you grossly misrepresented me and made a straw man.

3 BTC for one of these miners?  You are out of your mind.  Even if you converted it to USD (not sure why you would anyhow), it would take at least 13 BTC to even get the same price as what I paid.  And BFL has doubled their prices meaning it would take around 26 BTC to get a similar product delivered in about 3-4 months.  65 BTC is reasonable considering everything.

Hrm interesting.  I had only just first heard about them about 4 or 5 months ago.   I lurked on the forums and what not for a few months and did my research.  Avalon's offer is way more expensive and seems to be less well designed.  ASICMiner, I really don't know much about them.  I know you can buy mining shares on their system, and I spend an hour or two trying to figure out how it works but I really couldn't.  The BFL solution looks the cleanest, and most high end.  If they were selling on being first to market thats news to me.  I had not seen anything that promised that anywhere.  Maybe I'm just late in the game.

Delivery to one customer certainly isn't "customers" no matter how accurate the rest.
I take back what I said.

Bear with me, I am thinking as I type, so basically miners will increase the difficulty, then stop till the retarget code decides it needs to go down? And when it goes down it gets exploited by the miners with the most hashpower again?

And yet, whenever their site goes down to a DDOS, there's people posting, worried about how they've finally run off with the money or some shit.

This question is to the owners of ASIC setups, or anyone with a large hashrate. How do you plan to withdraw your money into your bank accounts without it being seen by the big boys, government? This has been a questions I have been wondering for some time.

Theoretically speaking, if I had 2 Avalon units hashing at 66,000 each I would be pulling in on average 7.7 coins at the current difficulty, $1,900 a day. If I were to wait a week and want to transfer the funds to my account I would be looking at upwards of $9,500. If I were to deposit this every week into my account I am sure someone would notice something and start to ask questions.

I know I could purchase items with BTC, but this is more a questions about cashing out and making sure it goes unnoticed.

I cannot be the only one thinking about this.

Does anyone know how to calculate the amount of time it should take on average for my pool to find a block?  Am I in a mathematically better position than running on a public pool?

Not sure why you guys hate BFL so much.

For the benefit of others, this was the thought process:

What's the chance that BFL would tell a lie that is guaranteed to be exposed and hurt their business?

What's the chance that BFL's managers are optimistic and unable to understand the challenges of designing ASIC products and their engineers would fail to communicate the proper information to them?

I have a lot of personal experience with the second option, having worked for companies that shipped products more than a year late. In every case the marketing people actually believed what they were publishing and the managers actually believed that the timelines were viable, and the engineers actually were terrible at communication. It's even more likely in BFL's case since they outsourced most of their engineering. Hence, this option seems more likely.

Maybe two weeks? We are waiting for the test lab to issue the test report.

I'm stupid for thinking that BFL is incompetent?

All I did was accept a device I paid for.

Order placed on 2012-11-04 02:08:41

BFL has stated that this unit should ship within 2-4 weeks.